The Role of the Development Bank (Libyan Industrial Bank) in Financing the Libyan Industrial Sector During the Period (2009–2015)

Study Introduction:
Industry is one of the important sectors in every country worldwide. For the industrial sector to achieve its desired objectives, it is necessary to seek effective and appropriate solutions to address the financing problem. Financing in Libya is characterized by diverse features due to the availability of crude oil, which necessitates considering the banking system as a primary source of industrial financing through loans and credit facilities provided by it.

Financing is the lifeblood of business, and the lack of adequate financing is a major obstacle to growth, leading to negative effects on production and utilization. The seriousness of financing lies in the fact that losing capital can condemn any institution or project to failure. Thus, the problem of financing and obtaining financial resources is the foremost challenge faced by most projects and production units.